Withdrawing Funds

Marc Page

May 22, 2019 12:05

Updated

How do I withdraw funds from my Property Partner account?

You can withdraw funds at any time from the “My Portfolio” page. On desktop, click on the link located in the top right corner of the browser. On mobile, tap on the menu button at the top, then tap 'View Portfolio'.

Withdrawals to UK bank accounts usually take up to 3 business days to clear subject to the usual compliance checks, but this can take a little longer for non-UK accounts. Note that withdrawals to non-UK bank accounts incur a charge from our bank. This is usually £5.

All withdrawals are in GBP and your bank will convert the amounts at their specified exchange rate.

In order to protect your funds, the first time you make a withdrawal we will verify that the account details entered belong to you. Where possible we will perform this electronically, but we may require further information such as a copy of a recent bank statement.

Is there a minimum withdrawal?

Yes, the minimum withdrawal is £50, unless you are withdrawing all funds in your account then there is no minimum amount.

Will I be charged for withdrawing funds from my Property Partner Account?

UK Investors: no, we will not charge you for withdrawing funds to a UK bank.

Non-UK Investors: Property Partner does not charge you for withdrawing funds. However, if your bank account is outside of the UK, our bank will charge you approximately £5.00. We cannot comment on any charges that your bank may levy.

Comments

Property Partner™ is the trading name of London House Exchange Limited, which is authorised and regulated by the Financial Conduct Authority (No. 613499). London House Exchange Limited (No. 08820870) and its wholly owned subsidiary, Property Partner Nominee Limited (No. 09060483), are both limited companies registered in England and Wales with registered office at 55 Baker Street, London, England, W1U 7EU. London House Exchange Limited is wholly owned by LHE Holdings Limited (No. 125065), a limited company registered in Jersey with registered office at 44 Esplanade, St Helier, Jersey JE4 9WA.